Despegar Cash from 2010 to 2025

DESP Stock  USD 19.24  0.03  0.16%   
Despegar Corp Cash yearly trend continues to be relatively stable with very little volatility. Cash is likely to grow to about 271.2 M this year. Cash is the total amount of money in the form of currency that Despegar Corp has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
2015-12-31
Previous Quarter
201 M
Current Value
176.1 M
Quarterly Volatility
86.2 M
 
Yuan Drop
 
Covid
Check Despegar Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Despegar Corp's main balance sheet or income statement drivers, such as Tax Provision of 3.8 M, Interest Income of 10.1 M or Depreciation And Amortization of 28.9 M, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.0163 or PTB Ratio of 77.05. Despegar financial statements analysis is a perfect complement when working with Despegar Corp Valuation or Volatility modules.
  
Check out the analysis of Despegar Corp Correlation against competitors.
To learn how to invest in Despegar Stock, please use our How to Invest in Despegar Corp guide.

Latest Despegar Corp's Cash Growth Pattern

Below is the plot of the Cash of Despegar Corp over the last few years. Cash refers to the most liquid asset of Despegar Corp, which is listed under current asset account on Despegar Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Despegar Corp customers. The amounts must be unrestricted with restricted cash listed in a different Despegar Corp account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Despegar Corp's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Despegar Corp's overall financial position and show how it may be relating to other accounts over time.
Cash10 Years Trend
Slightly volatile
   Cash   
       Timeline  

Despegar Cash Regression Statistics

Arithmetic Mean202,973,004
Geometric Mean176,497,107
Coefficient Of Variation51.42
Mean Deviation91,518,379
Median219,167,000
Standard Deviation104,366,697
Sample Variance10892.4T
Range295M
R-Value0.64
Mean Square Error6878.6T
R-Squared0.41
Significance0.01
Slope14,046,730
Total Sum of Squares163386.1T

Despegar Cash History

2025271.2 M
2024246.8 M
2023214.6 M
2022219.2 M
2021246.1 M
2020334.4 M
2019309.2 M

Other Fundumenentals of Despegar Corp

Despegar Corp Cash component correlations

About Despegar Corp Financial Statements

Despegar Corp shareholders use historical fundamental indicators, such as Cash, to determine how well the company is positioned to perform in the future. Although Despegar Corp investors may analyze each financial statement separately, they are all interrelated. The changes in Despegar Corp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Despegar Corp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

Pair Trading with Despegar Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Despegar Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Despegar Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against Despegar Stock

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The ability to find closely correlated positions to Despegar Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Despegar Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Despegar Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Despegar Corp to buy it.
The correlation of Despegar Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Despegar Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Despegar Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Despegar Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Despegar Stock Analysis

When running Despegar Corp's price analysis, check to measure Despegar Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Despegar Corp is operating at the current time. Most of Despegar Corp's value examination focuses on studying past and present price action to predict the probability of Despegar Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Despegar Corp's price. Additionally, you may evaluate how the addition of Despegar Corp to your portfolios can decrease your overall portfolio volatility.